Shares of semiconductor testing company FormFactor (NASDAQ:FORM) jumped 4.5% in the afternoon session after an analyst at Cantor Fitzgerald raised the price target on the stock, citing a positive outlook for the semiconductor industry fueled by demand for artificial intelligence (AI).
Shares of semiconductor testing company FormFactor (NASDAQ:FORM) jumped 4.5% in the afternoon session after an analyst at Cantor Fitzgerald raised the price target on the stock, citing a positive outlook for the semiconductor industry fueled by demand for artificial intelligence (AI).
Stock photo and footage/iStock via Getty Images The American Century US Quality Growth ETF’s ( QGRO ) share price could soar nearly 20% in 2026, given improving geopolitical and fundamental factors. In the past three years bull run, QGRO’s average annual price return was more than 26%, in line with the spliced U.S. Quality Growth Index but down by 5% from the Russell 1000 Growth Index. The fund’s ...
Stock photo and footage/iStock via Getty Images The American Century US Quality Growth ETF’s ( QGRO ) share price could soar nearly 20% in 2026, given improving geopolitical and fundamental factors. In the past three years bull run, QGRO’s average annual price return was more than 26%, in line with the spliced U.S. Quality Growth Index but down by 5% from the Russell 1000 Growth Index. The fund’s returns seem impressive due to its strategy of maintaining a portfolio combination of high-growth and stable growers to achieve healthy risk-adjusted returns. I maintain my buy ratings on QGRO. It could be an attractive investment vehicle for moderate- to aggressive-risk-tolerance investors. QGRO’s Price Target and Stock Market Outlook QGRO performance history (americancentury) As Wall Street expects the S&P 500 to soar 19% to end 2026 around 8300 points , the growth-focused ETFs can outperform the broader stock market indices. Therefore, in 2026, the American Century US Quality Growth ETF share price has the potential to surge nearly 20%. In the past three years, QGRO’s average price return was more than 26%. In 2023 and 2024, its price return was around 32%. In 2021, it delivered its highest annual return of 35%. On the flip side, during a bear market in 2022, the fund’s share price declined 24% compared to a 29% drop for the Russell 1000 Growth Index. The market fundamentals also support the potential uptrend in 2026. The S&P 500 has already recovered the war-driven losses, with expectations that the first quarter results and solid outlook could fuel a long-lasting uptrend. In particular, the tech stocks are likely to regain investor confidence on the back of their staggering financial growth. FactSet data indicates the tech sector’s earnings growth forecast is in the range of 45% for the first quarter and 37% for the full year. On the other hand, the US-Iran deal could also enhance investor confidence in equity markets. Furthermore, President Trump’s visit to China in M...
Steel Dynamics Inc. beat analysts’ estimates for first-quarter revenue, reporting its fastest growth in nearly four years as rising steel prices and a record 3.6 million tons in steel shipments drove a rebound in profit. Earnings per share of $2.78, while largely in line with analysts’ estimates, increased 93% year-over-year. Total steel shipments came in under analysts’ estimates, but showed 4.5%...
Steel Dynamics Inc. beat analysts’ estimates for first-quarter revenue, reporting its fastest growth in nearly four years as rising steel prices and a record 3.6 million tons in steel shipments drove a rebound in profit. Earnings per share of $2.78, while largely in line with analysts’ estimates, increased 93% year-over-year. Total steel shipments came in under analysts’ estimates, but showed 4.5% growth. The results show a sales recovery that started in last year’s third quarter gaining strength. Steel Dynamics, which uses recycled scrap metal to make new steel, said it’s among the beneficiaries of rising US demand for domestic sources of steel, aided by the Trump administration’s tariffs. “We are seeing an improved steel market environment, supported by domestic trade actions, manufacturing onshoring, infrastructure program funding, and the increasing regionalization of supply chains in the United States,” said Steel Dynamics CEO Mark Millet in a statement on Monday. He added that demand for long-product steel, such as beams and rail, remains “very strong” and predicted strong demand for steel “across our platforms.” “We remain constructive that market conditions are in place for domestic steel and aluminum consumption to be strong through 2026 and into the following years,” Millet said. Steel Dynamics shares reached a record high Monday, having gained 24% this year, and were little changed in after-hours trading.